Global Business Innovation Programme to India - Medical Devices and Digital Health

About This Event

Is your business looking to create innovative partnerships in the Medical Devices and Digital Health sectors?

 

What is the Innovate UK Global Business Innovation Programme?

The Global Business Innovation Programme (GBIP) is a funded offering organised by Innovate UK as part of UKRI, and delivered by Innovate UK EDGE, to help innovative UK businesses explore global opportunities to grow and scale. 

Consisting of a three-phase programme - get ready for the market, virtual market activities and exploit the opportunity, the Global Business Innovation Programme is designed to provide valuable insights, and gain detailed market knowledge, introductions and cultural benefits. To enable you to effectively access and exploit a market with new collaborations and partnerships

You will receive invaluable wrap-around support by an expert Innovation & Growth Specialist, who will help your business maximise the opportunities identified, including developing innovation projects with partners in the territory.

 

Why apply to attend the Virtual Medical Devices and Digital Health Programme to India?

This Global Business Innovation Programme focuses on medical devices and digital health sectors in India.

This initiative is particularly relevant for businesses in the areas of: 

  • Affordable, accessible medical devices 
  • Remote access diagnostics and treatments
  • Intuitive and consumer focused medical devices
  • Healthcare data management, particularly remote and secure access
  • Remote, online and AI analytics
  • Preventative medicine and holistic patient assessment
  • Medical drones 

With a worth of $11 billion dollars, the Indian government has made the medical device industry a priority for the country, with an estimated market value of $50 billion by 2025. There are currently six medical device manufacturing clusters and more in the pipeline. India has also launched the National Digital Health Mission which will support integrated digital health infrastructure across the country. 

 

How does the Global Business Innovation Programme work?

The Global Business Innovation Programme is structured around three main phases and each business will have a designated Innovate UK EDGE Innovation & Growth Specialist to support them for the duration of the offering, including developing an action plan to capitalise on the opportunities identified.

The three main phases of the Global Business Innovation Programme are:

Phase 1: Getting ready for the market

Pre-activity briefing workshop to build knowledge and understanding of the  market and potential opportunities, including how to do business, cultural aspects, how to protect your IP and training to improve your pitch and articulate your value proposition (one-day workshop).

Phase 2: Virtual market activities

Explore the innovation opportunities in India first-hand, through meeting with key companies, research organisations, potential collaborators and partners through pre-arranged meetings and organised matchmaking (five days of virtual market-related activities).

Phase 3: Exploiting the market

An exploitation workshop and one-to-one support from a Innovate UK EDGE  Innovation & Growth Specialist to follow up and take advantage of the opportunities identified.

 

Key Programme Dates

Who is this the programme best suited for?

If you are an innovative business looking to explore medical devices and digital health opportunities in India - this programme is for you!

Suitability: 

  • Be registered in the UK
  • Small or medium sized business (up to 500 employees)
  • High-growth innovative businesses, ambitions for global growth
  • Senior or CEO decision maker in the company should attend

It is important that businesses will directly benefit from participation in the programme, have the necessary resources and can clearly articulate their objectives and ambition for participation.  

Innovate UK is committed to ensuring that anyone from any background, has an equal opportunity to be successful. We welcome applications from underrepresented groups and will do our utmost to make reasonable adjustments.

 

What is the cost?

This initiative will be delivered virtually. On acceptance onto the full initiative, a commitment fee of £500 will be obtained from each delegate, which will be refunded on completion of the full activities and agreed action plan. Non-completion after formal acceptance may result in forfeiting some or all of the commitment fee.

 

How can you apply?

To submit your application, please click the 'Apply Here' button at the top or bottom of this page. The Global Business Innovation Programme has a competitive application process where only the best applications will be successful following an evaluation process. 

The online application takes approximately one hour and must be completed and submitted in a single session - you can't save and returnTo facilitate the process, we have created a Word document, which you can download and pre-populate with your answers. You can then paste these answers into the online form and submit your application. To download the Word application form, please click here.

The application deadline is Tuesday 4th January 2022 at 12pm. 

All applicants will be notified of the outcome of their application by Tuesday 11th January 2022.

Please note:

  • This is a competitive selection process. All applications will be reviewed and assessed
  • The delegate should be the CEO or senior decision maker in the company 
  • All stages of the Global Business Innovation Programme are mandatory to attend
  • Once successful a commitment fee of £500 will be obtained from each delegate. This will be refunded on completion of the full activities and agreed action plan

Due to high demand, our application process is highly selective. We strongly encourage you to apply as soon as possible. Please also note we will not be able to provide individual feedback on applications. 

 

Contact us

Have a question about the event? Email our team at event.enquiries1@innovateukedge.ukri.org 

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